March 24 Review and Share

1 At 8:20+ this morning, saw $XAU rebound to around 4450, wanted to try shorting a wave to catch the pullback, but I saw it too late and missed the high point. Felt the point space wasn't large enough so didn't enter.

2 At 11:45 noon, shorted $TAO at 312.4 in a small position. Entry logic: another test of resistance level, breaking previous highs, but with volume expansion at the top and 1H 4H overbought signals, betting on a top. After 12:20 pulled back to around 303, reduced position at 306, left half position with stop loss at 316.6 previous high. Ended up only making a small gain. Review: The larger daily level broke through the platform in a strong uptrend, shorting against the trend has poor risk-reward ratio. Should establish reasonable take-profit before entry, and take profits when things look good.

3 Watched $BTC $ETH all morning, kept ranging sideways with slight declines. Afternoon started an uptrend. At 16:45, prepared to catch multiple on BTC pullback, but later switched to catching 2 BTC at 2159 multiple instead, stop loss at 2149. The next 15M candle directly hit the stop loss and then went up. Review: There were reversal signals at 1-2 PM noon, could have tried small position with small stop loss for longs. Rather than chasing. When actively monitoring, can move the stop loss. If original plan was long BTC at 70900 with stop at 70700, pullback wouldn't trigger the stop. Although it came down again in the evening, at least after going up would set a breakeven stop.

4 At 18:40 PM, saw news TOKEN explained as "token," bought some meme lottery around 37, doubled entry + 20% profit. Letting the rest run to see if it can run up to Alpha!

5 Got stopped out twice during the day, don't want to open positions. Current market is in an awkward mid-level position with limited up and down space. Waiting! #BTC突破71000美元 #行情